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African Development Bank Group (AfDB)

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    • The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali
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Source: African Development Bank Group (AfDB) |

The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali

The project will contribute to the socioeconomic development of Guinea and Mali by providing inhabitants with better access to high-quality, low-cost energy

The Board of Directors of the African Development Fund approved additional financing of $25.79 million for Guinea for the 225 kV Guinea-Mali electricity interconnection project. The financing, agreed in Abidjan on 10 December 2025, from the African Development Bank Group's concessional window includes a loan of approximately $22 million and…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank Approves $10 Million to catalyse Namibia’s Large Green Hydrogen Project

The project is poised to leverage the country’s world-class solar and wind energy resources

The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company,  to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Africa Investment Forum Hosts First ‘Mission 300’ Day, Accelerating Push for Universal Electricity Access

The event highlighted countries’ National Energy Compacts showcased investment-ready opportunities, and galvanised action toward the shared goal of delivering electricity access to 300 million people across Africa by 2030

The World Bank Group and the African Development Bank Group (https://www.AfDB.org), with support from The Rockefeller Foundation, the Global Energy Alliance for People and Planet, and Sustainable Energy for All (SEforALL), hosted the inaugural “Mission 300 Day” on the sidelines of the Africa Investment Forum (AIF) 2025 Market Days (http://apo-opa.co/4oeFycH)…

African Development Bank Group (AfDB)

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    • The additional financing from the African Development Fund will enable Liberia to complete construction of the run-of-river hydropower plant and related infrastructure
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Source: African Development Bank Group (AfDB) |

Liberia: African Development Fund invests over $7 million to complete run-of-river hydropower plant and related infrastructure project

The plant will be connected to an 8-km 33-kilovolt evacuation line and two transformer substations, and also to a cross-border transmission line

The Board of Directors of the African Development Fund, meeting today in Abidjan, has approved an additional loan of $7.41 million to complete implementation of the Renewable Energy for Electrification project in Liberia. The African Development Fund is the concessional lending window of the African Development Bank Group (https://www.AfDB.org). The…

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    • Tackling Africa’s Off-Grid Gap: The International Finance Corporation (IFC), African Development Bank Group (AfDB), and partners appoint Inspired Evolution as Investment Manager for Zafiri
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Source: African Development Bank Group (AfDB) |

Tackling Africa’s Off-Grid Gap: The International Finance Corporation (IFC), African Development Bank Group (AfDB), and partners appoint Inspired Evolution as Investment Manager for Zafiri

The appointment underscores Zafiri’s central role in Mission 300, a joint initiative of the World Bank Group and African Development Bank to provide first-time electricity access to 300 million people in Sub-Saharan Africa by 2030

The African Development Bank Group (AfDB) (www.AfDB.org), The International Finance Corporation (IFC), and partner organizations today announce the appointment of Inspired Evolution as the investment manager for Zafiri, a new decentralised renewable energy (DRE) equity investment vehicle targeting small-scale and decentralized renewable energy, to expand access to electricity and clean cooking…

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    • Ali Lamine Mahamane Zeine, Prime Minister of Niger, and Sidi Ould Tah, President of the African Development Bank Group (right), present the documents corresponding to the $144.7 million financing agreement aimed at developing Niger’s energy sector and improving the competitiveness of its private sector
    • Sidi Ould Tah, President of the African Development Bank Group (right), and Ali Lamine Mahamane Zeine, Prime Minister of Niger, sign a $144.7 million financing agreement at the institution's headquarters in Abidjan to improve energy access and private sector competitiveness in Niger
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Source: African Development Bank Group (AfDB) |

African Development Bank Group and Niger sign $144.7 million agreement to boost energy access, economic competitiveness and resilience

A key component of the project focuses on developing renewable energy capacity, with plans for 240 MW of solar power by 2030, including 50 MW by December 2026

African Development Bank Group (www.AfDB.org) President Sidi Ould Tah and Niger’s Prime Minister, Ali Mahamane Lamine Zeine, have signed a $144.7 million financing agreement to improve energy access and private sector competitiveness. The agreement, signed at the institution’s headquarters in Abidjan, provides budgetary support from the African Development Fund, the…

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    • The signed contract is displayed by (right to left) Economy and Finance Minister Sid'Ahmed Ould Bouh, Energy and Petroleum Minister Mohamed Ould Khaled, and Moulay El Arby, Director of Ewa Green Energy, in the presence of project stakeholders and energy sector officials
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Source: African Development Bank Group (AfDB) |

Mauritania signs $300 million Independent Power Producer (IPP) deal for hybrid solar-wind plant under Desert to Power initiative

The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables

Mauritania has signed its first independent power producer contract, a $300 million agreement with Iwa Green Energy to develop a 60-megawatt hybrid solar-wind power plant. The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables. The facility, scheduled…

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    • 17 African governments signed Energy Compacts under the Mission 300 initiative on the margins of UNGA 80. New York, September 2025
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Source: African Development Bank Group (AfDB) |

17 Countries Commit to Concrete Plans to Scale Up Electricity Access as Mission 300 Expands

Since the launch of Mission 300, 30 million people have already been connected, with more than 100 million in the pipeline

Seventeen African governments today committed to reforms and actionable plans to expand electricity access as part of Mission 300—an ambitious partnership led by the World Bank Group and African Development Bank Group (https://www.AfDB.org/) that aims to connect 300 million Africans to electricity by 2030. At the Bloomberg Philanthropies Global Forum…

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    • Niger: African Development Bank extends loan of over $144 million to enhance energy access and economic competitiveness
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Source: African Development Bank Group (AfDB) |

Niger: African Development Bank extends loan of over $144 million to enhance energy access and economic competitiveness

Niger’s Energy Sector Governance and Competitiveness Support Program is expected to address governance challenges by strengthening public financial management systems, particularly tax revenue mobilization and tax revenue control system

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $144.27 million to Niger for the first phase of a program that will reform energy sector laws and address the country's critical power shortage. Niger’s Energy Sector Governance and Competitiveness Support Program is expected…

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    • Desert-to-Power: The Sustainable Energy Fund for Africa (SEFA) commits €6 million to Dédougou Solar Project in Burkina Faso
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Source: African Development Bank Group (AfDB) |

Desert-to-Power: The Sustainable Energy Fund for Africa (SEFA) commits €6 million to Dédougou Solar Project in Burkina Faso

The plant will help diversify Burkina Faso's energy mix, reduce electricity costs, and boost access to reliable, affordable electricity, supporting economic growth and local livelihoods

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (www.AfDB.org), has committed a €6 million concessional finance package for the development of the 18 MW Dédougou Solar Power Plant in Burkina Faso, marking a significant milestone towards increasing the country's energy generation capacity. SEFA's commitment comprises…